YuLife rakes in £50m in Series B funding round

The round was led by Target Global and supported by new investors Eurazeo and Latitude as well as existing investors Creandum, Notion Capital, Anthemis, MMC Ventures, and OurCrowd. The insurtech will use the funds to develop new products, increase its UK market penetration and expand into new global markets. YuLife launched in late 2018 as the "world's first ever lifestyle insurance business", including critical illness, income protection, virtual GP services and employment assistance such as counselling and coaching within its group life insurance proposition. Its proposition is b...